India’s core sector industrial production grows 4.7% in April
01 Jun 2018
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Core sector industrial production in India grew at 4.7 per cent in April 2018 amidst a jump in production of coal and cement and better performance in natural gas and refinery production.
The growth rate was faster compared to the 4.1 per cent growth recorded in March, data released by the commerce ministry showed.
Core sector output was boosted by a 16 per cent growth in both the production of coal and cement
Output in the eight core sector industries comprising coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity, which carry nearly 40.27 per cent of the weight of items included in the Index of Industrial Production (IIP), grew 4.3 per cent in April 2018-19.
- Production of coal, which has a weight of 10.33 per cent in the general index of industrial production (IIP) increased 16.0 per cent in April 2018 over April 2017.
- Production of crude oil (weight of 8.98 per cent in IIP) declined by 0.8 per cent in April 2018.
- Production of natural gas (weight of 6.88 per cent in IIP) increased by 7.4 per cent in April 2018.
- Petroleum refinery production (weight of 28.04 per cent in IIP) increased by 2.7 per cent in April 2018.
- Fertilizers production (weight of 2.63 per cent in IIP) increased by 4.6 per cent in April 2018
- Steel production (weight of 17.92 per cent in IIP) increased by 3.5 per cent in April 2018.
- Cement production (weight of 5.37 per cent in IIP) increased by 16.6 per cent in April 2018.
- Electricity generation (weight of 19.85 per cent in IIP) increased by 2.2 per cent in April 2018
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